Oklo (NYSE:OKLO) Hits New 52-Week Low – Should You Sell?

Oklo Inc. (NYSE:OKLO)’s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as $44.81 and last traded at $44.74, with a volume of 2887812 shares trading hands. The stock had previously closed at $46.24.

More Oklo News

Here are the key news stories impacting Oklo this week:

• Positive Sentiment: Truist highlighted Oklo as one of the leading nuclear names to own, which keeps analyst interest and the sector’s long-term growth narrative intact. Oklo or Centrus Energy: Truist Picks the Top Nuclear Stock to Buy
• Positive Sentiment: Oklo continues to promote its used nuclear fuel recycling strategy and planned clean energy campus in Ohio, reinforcing the company’s long-term growth thesis around advanced nuclear power. Oklo (OKLO) Plans Used Fuel Recycling And Ohio Clean Energy Campus
• Positive Sentiment: Articles about the U.S. stockpile of used nuclear fuel frame Oklo’s technology as a potential solution for turning waste into a valuable energy source, supporting the bull case for the company. The U.S. Has Accumulated 100,000 Metric Tons of Used Nuclear Fuel. Oklo Sees It as a Massive Potential Energy Resource.
• Neutral Sentiment: Recent coverage from multiple outlets has kept Oklo in the spotlight, but much of it is focused on long-term potential rather than near-term financial results or catalysts. Oklo Stock Is Down 41% in 2026: Here’s What Investors Need to Understand Now
• Negative Sentiment: Oklo’s sharp recent slide has led to growing investor concern that the stock may be unwinding after a big prior run-up, with valuation now under heavier scrutiny. Oklo Stock Down 8.8%
• Negative Sentiment: Several recent articles describe Oklo as potentially overvalued and emphasize continued volatility, which may be weighing on sentiment and pressuring the shares. Oklo (OKLO) Stock May Be Overvalued On Book Value But Strong On Returns

Analyst Ratings Changes

OKLO has been the subject of a number of analyst reports. Tigress Financial initiated coverage on Oklo in a research report on Monday, April 27th. They set a “buy” rating and a $130.00 price objective for the company. Wolfe Research initiated coverage on Oklo in a research note on Tuesday, May 19th. They issued a “peer perform” rating on the stock. Citigroup increased their price objective on shares of Oklo from $73.50 to $76.00 and gave the stock a “neutral” rating in a report on Thursday, May 14th. HSBC initiated coverage on shares of Oklo in a research note on Thursday, April 23rd. They set a “buy” rating and a $96.00 target price for the company. Finally, Bank of America began coverage on shares of Oklo in a research note on Friday, May 22nd. They issued a “buy” rating and a $80.00 price target on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $84.00.

Oklo Stock Down 8.8%

The business’s 50 day moving average is $58.83 and its two-hundred day moving average is $65.66. The firm has a market capitalization of $7.25 billion, a P/E ratio of -49.59 and a beta of 1.14.

Oklo (NYSE:OKLO) last posted its quarterly earnings data on Tuesday, May 12th. The company reported ($0.19) earnings per share for the quarter, topping the consensus estimate of ($0.20) by $0.01. During the same quarter last year, the company posted ($0.07) earnings per share. As a group, equities analysts anticipate that Oklo Inc. will post -0.74 earnings per share for the current fiscal year.

Insider Activity

In other Oklo news, CFO Richard Craig Bealmear sold 73,081 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $68.42, for a total value of $5,000,202.02. Following the completion of the sale, the chief financial officer directly owned 397,642 shares in the company, valued at $27,206,665.64. This represents a 15.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider William Carroll Murphy Goodwin sold 10,548 shares of the stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $58.04, for a total value of $612,205.92. Following the transaction, the insider directly owned 36,175 shares of the company’s stock, valued at approximately $2,099,597. The trade was a 22.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 683,629 shares of company stock worth $43,902,208 over the last three months. Corporate insiders own 18.90% of the company’s stock.

Institutional Trading of Oklo

A number of hedge funds and other institutional investors have recently modified their holdings of the company. State Street Corp boosted its stake in Oklo by 454.5% during the second quarter. State Street Corp now owns 2,138,658 shares of the company’s stock valued at $119,743,000 after buying an additional 1,752,946 shares in the last quarter. Norges Bank acquired a new stake in Oklo in the 4th quarter valued at about $73,786,000. Millennium Management LLC lifted its holdings in Oklo by 4,974.1% in the 1st quarter. Millennium Management LLC now owns 582,002 shares of the company’s stock valued at $12,589,000 after acquiring an additional 570,532 shares during the last quarter. Van ECK Associates Corp boosted its position in shares of Oklo by 13.9% during the 4th quarter. Van ECK Associates Corp now owns 3,956,281 shares of the company’s stock valued at $283,902,000 after purchasing an additional 481,288 shares in the last quarter. Finally, Clear Street Group Inc. boosted its position in shares of Oklo by 110.5% during the 4th quarter. Clear Street Group Inc. now owns 842,172 shares of the company’s stock valued at $60,434,000 after purchasing an additional 442,172 shares in the last quarter. Institutional investors own 85.03% of the company’s stock.

About Oklo

Oklo, Inc is a California-based energy technology company specializing in the design and development of advanced nuclear microreactors. Headquartered in Fremont, the firm focuses on small modular reactor (SMR) technology that leverages fast-neutron fission and liquid-metal cooling to deliver carbon-free power. Oklo’s core objective is to bring compact, factory-built reactors online within a decade, offering a low-footprint alternative to traditional large nuclear plants.

The company’s flagship product, the Aurora microreactor, is a 1.5-megawatt electric (MWe) fast reactor cooled by a sodium alloy.